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Alaska Adjacent Zone Revenue Sharing Act

Read twice and referred to the Committee on Energy and Natural Resources.

Official summary

Version 00 · Introduced in Senate · Aug 3, 2009

Alaska Adjacent Zone Revenue Sharing Act - Amends the Outer Continental Shelf Lands Act (OCSLA) to require that the state of Alaska receive 37.5% of: (1) any bonus bid paid for leasing rights for any area in the Alaska Adjacent Zone; and (2) specified post-leasing revenues including lease rental payments and lease royalty payments, as well as royalty proceeds from a sale of royalties taken in kind.

Sets forth an allocation scheme under which the Secretary of the Interior is directed to pay: (1) 20% of any allocable state share directly to coastal political subdivisions; (2) 33% of any allocable state share to certain Regional Corporations; and (3) 7% of any allocable state share directly to Indian tribes.

Instructs the Secretary to distribute 6.25% of certain federal royalty revenues into: (1) a specified land and water conservation fund to provide financial assistance to states; and (2) direct federal deficit reduction.

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Who introduced it

Sen. Begich, Mark [D-AK] · D–AK

Committees

  • Energy and Natural Resources Committee
0 cosponsorship records, including any withdrawals

    Actions

    A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

    1. Read twice and referred to the Committee on Energy and Natural Resources.

    2. Sponsor introductory remarks on measure. (CR S8685-8687)

    3. Introduced in Senate

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    Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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